Landmark Cars Limited — Updates, 20-01-2025: Press Release

Landmark Cars Limited has deepened its ties with JSW MG Motor India Pvt. Ltd. by planning to launch MG Select dealerships in Ahmedabad and Kolkata. This initiative follows a letter of intent from MG Motor, focusing on the 'accessible luxury' segment in India. The MG Select brand will feature the MG Cyberster and MG M9 EV, with sales expected to commence by May 2025. Landmark's wholly-owned subsidiary, Aeromark Cars Private Limited, will establish these dealerships, reinforcing Landmark's position as a key partner for original equipment manufacturers (OEMs).

This strategic move not only strengthens Landmark's foothold in Ahmedabad but also expands its offerings in Kolkata, enhancing its product range which currently includes brands like Mercedes-Benz, Mahindra & Mahindra, and Kia. Chairman, Sanjay Thakker, expressed enthusiasm about the new product line's potential for growth in the luxury market. The collaboration is aligned with Landmark's dual strategy of horizontal and vertical expansion aimed at consolidating its market presence and operational leverage. Positive outlook anticipated as the company continues to evolve in the premium automotive sector.